2021 Q4 Form 10-Q Financial Statement

#000091591221000023 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $601.2M $580.8M $567.4M
YoY Change 8.17% 2.36% -3.44%
Cost Of Revenue $211.0M $221.0M $212.8M
YoY Change -0.96% 3.87% 7.58%
Gross Profit $390.2M $359.7M $354.6M
YoY Change 13.85% 1.45% -9.03%
Gross Profit Margin 64.9% 61.94% 62.5%
Selling, General & Admin $16.48M $17.31M $14.00M
YoY Change 22.08% 23.66% 9.38%
% of Gross Profit 4.22% 4.81% 3.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $197.0M $193.8M $175.3M
YoY Change 10.82% 10.52% 5.97%
% of Gross Profit 50.5% 53.87% 49.45%
Operating Expenses $213.5M $211.1M $189.4M
YoY Change 11.61% 11.46% -55.73%
Operating Profit $176.6M $382.7M $363.7M
YoY Change 16.67% 5.22% -10.54%
Interest Expense -$50.09M $55.99M $53.25M
YoY Change -3.5% 5.14% 3.41%
% of Operating Profit -28.36% 14.63% 14.64%
Other Income/Expense, Net -$417.0K -$567.0K
YoY Change -26.46%
Pretax Income $339.6M $81.03M $147.7M
YoY Change 0.21% -45.14% -49.23%
Income Tax $4.299M $2.179M -$27.00K
% Of Pretax Income 1.27% 2.69% -0.02%
Net Earnings $335.2M $78.85M $147.7M
YoY Change -1.73% -46.62% -47.19%
Net Earnings / Revenue 55.76% 13.58% 26.03%
Basic Earnings Per Share $0.57 $1.05
Diluted Earnings Per Share $2.395M $0.56 $1.05
COMMON SHARES
Basic Shares Outstanding 139.7M shares 139.4M shares 140.3M shares
Diluted Shares Outstanding 139.7M shares 140.6M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $420.3M $322.3M $88.00M
YoY Change 93.66% 266.24% -64.23%
Cash & Equivalents $420.3M $322.3M $87.53M
Short-Term Investments
Other Short-Term Assets $211.5M $236.3M $207.0M
YoY Change 1.68% 14.18% 22.49%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $631.7M $558.6M $295.0M
YoY Change 48.64% 89.37% -28.92%
LONG-TERM ASSETS
Property, Plant & Equipment $18.86B $18.52B $18.46B
YoY Change 2.54% 0.34% 1.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $216.4M $199.5M $194.0M
YoY Change 6.6% 2.86% -6.28%
Other Assets $164.0M $169.0M $169.0M
YoY Change 7.86% 0.0% 3.68%
Total Long-Term Assets $19.27B $18.92B $18.85B
YoY Change 2.64% 0.38% 1.09%
TOTAL ASSETS
Total Short-Term Assets $631.7M $558.6M $295.0M
Total Long-Term Assets $19.27B $18.92B $18.85B
Total Assets $19.90B $19.48B $19.14B
YoY Change 3.66% 1.75% 0.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $63.72M $57.97M $88.00M
YoY Change -32.21% -34.13% -6.38%
Accrued Expenses $492.7M $545.0M $517.0M
YoY Change 1.58% 5.43% 5.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $841.6M $887.0M $888.0M
YoY Change -2.14% -0.12% 3.14%
LONG-TERM LIABILITIES
Long-Term Debt $8.124B $7.799B $7.584B
YoY Change 7.1% 2.84% 2.75%
Other Long-Term Liabilities $304.0K $1.198M $0.00
YoY Change
Total Long-Term Liabilities $8.124B $7.801B $7.584B
YoY Change 7.11% 2.86% 2.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $841.6M $887.0M $888.0M
Total Long-Term Liabilities $8.124B $7.801B $7.584B
Total Liabilities $8.966B $8.688B $8.472B
YoY Change 6.17% 2.55% 2.79%
SHAREHOLDERS EQUITY
Retained Earnings $240.8M $128.5M $29.71M
YoY Change 91.09% 332.75% -90.98%
Common Stock $1.398M $1.396M $1.398M
YoY Change 0.22% -0.14% 0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.93B $10.79B $10.67B
YoY Change
Total Liabilities & Shareholders Equity $19.90B $19.48B $19.14B
YoY Change 3.66% 1.75% 0.44%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $335.2M $78.85M $147.7M
YoY Change -1.73% -46.62% -47.19%
Depreciation, Depletion And Amortization $197.0M $193.8M $175.3M
YoY Change 10.82% 10.52% 5.97%
Cash From Operating Activities $291.4M $343.1M $333.2M
YoY Change 13.18% 2.98% -11.66%
INVESTING ACTIVITIES
Capital Expenditures -$600.4M -$475.4M -$214.4M
YoY Change 89.41% 121.72% -47.77%
Acquisitions
YoY Change
Other Investing Activities $292.1M $70.40M $78.30M
YoY Change -36.34% -10.09% -67.83%
Cash From Investing Activities -$308.3M -$405.0M -$136.2M
YoY Change -317.27% 197.33% -18.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 124.8M 10.59M -430.3M
YoY Change -146.52% -102.46% 109.6%
NET CHANGE
Cash From Operating Activities 291.4M 343.1M 333.2M
Cash From Investing Activities -308.3M -405.0M -136.2M
Cash From Financing Activities 124.8M 10.59M -430.3M
Net Change In Cash 107.9M -51.25M -233.3M
YoY Change -17.67% -78.03% -5063.83%
FREE CASH FLOW
Cash From Operating Activities $291.4M $343.1M $333.2M
Capital Expenditures -$600.4M -$475.4M -$214.4M
Free Cash Flow $891.9M $818.5M $547.6M
YoY Change 55.24% 49.47% -30.48%

Facts In Submission

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GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
4162000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
81026000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
147690000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
670492000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
485523000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2179000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-27000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1434000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1069000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
78847000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
147717000 USD
us-gaap Profit Loss
ProfitLoss
669058000 USD
us-gaap Profit Loss
ProfitLoss
486592000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-67000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-32000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
90000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
78914000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
147703000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
669090000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
486502000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2010000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1333000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1188000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-17731000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-7405000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2367000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-12138000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-6617000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
88329000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
151403000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
682416000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
475388000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.46
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.46
us-gaap Profit Loss
ProfitLoss
669058000 USD
us-gaap Profit Loss
ProfitLoss
486592000 USD
us-gaap Depreciation
Depreciation
561560000 USD
us-gaap Depreciation
Depreciation
529508000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5519000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5617000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1998000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1321000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-17768000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9333000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
20660000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17753000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-4290000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-5204000 USD
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
2802000 USD
avb Casualty Gain And Impairment Loss Net Operating Activities
CasualtyGainAndImpairmentLossNetOperatingActivities
0 USD
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
685000 USD
us-gaap Noncash Project Abandonment Costs
NoncashProjectAbandonmentCosts
2095000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2654000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
6874000 USD
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
6617000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
413661000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
96823000 USD
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
2051000 USD
us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
8174000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
20555000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
36332000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
59449000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
39363000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
911742000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
962074000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
476307000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
562334000 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
392746000 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
0 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
105621000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
76860000 USD
avb Paymentsfor Capital Improvements Non Real Estate
PaymentsforCapitalImprovementsNonRealEstate
4689000 USD
avb Paymentsfor Capital Improvements Non Real Estate
PaymentsforCapitalImprovementsNonRealEstate
24720000 USD
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-35639000 USD
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-4095000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
576973000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
186090000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
98752000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
170604000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
118000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
260000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
1556000 USD
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
3419000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
62157000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
9877000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
40071000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
23044000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-315753000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-321323000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7011000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1599000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
137458000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
666420000 USD
us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
661000000 USD
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
0 USD
us-gaap Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
51000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
35688000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
125427000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
699167000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
1296581000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
462147000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
958681000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5281000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11278000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-4751000 USD
us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
25135000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-45000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-59000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
13409000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
14752000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
36000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
36000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
234000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
319000 USD
avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
1340000 USD
avb Payment For Redemption Of Preferred Interest Obligation
PaymentForRedemptionOfPreferredInterestObligation
1000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-473671000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-585965000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
122318000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
54786000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313532000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127614000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
435850000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
182400000 USD
us-gaap Interest Paid Net
InterestPaidNet
127575000 USD
us-gaap Interest Paid Net
InterestPaidNet
133913000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
322294000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
87530000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
113556000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
94870000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
435850000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
182400000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
2223 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
423000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
75542 shares
CY2021Q3 avb Estimated Number Of Apartment Homes In Communities Expected To Be Developed
EstimatedNumberOfApartmentHomesInCommunitiesExpectedToBeDeveloped
7376 home
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
13409000 USD
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
595000 USD
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
3399000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1967 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
339000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
73103 shares
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
14752000 USD
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
1187000 USD
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
1413000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-6617000 USD
CY2021Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
276 community
CY2021Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
81968 home
CY2021Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
13 state
CY2021Q3 avb Number Of Owned Communities Under Construction
NumberOfOwnedCommunitiesUnderConstruction
17 community
CY2021Q3 avb Expected Aggregate Number Of Apartment Homes To Be Constructed
ExpectedAggregateNumberOfApartmentHomesToBeConstructed
5448 home
avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
113 residential_condominium
CY2021Q3 avb Additional Numberof Communities Expected To Be Developed
AdditionalNumberofCommunitiesExpectedToBeDeveloped
22 community
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139338800 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140366438 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139386413 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140271574 shares
CY2021Q3 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2020Q3 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
343812 shares
CY2020Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
324648 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
298769 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
328865 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139737725 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140603722 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139645069 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140702803 shares
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
78914000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
147703000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
669090000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
486502000 USD
CY2021Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
160000 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
342000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1443000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1158000 USD
CY2021Q3 us-gaap Undistributed Earnings
UndistributedEarnings
78754000 USD
CY2020Q3 us-gaap Undistributed Earnings
UndistributedEarnings
147361000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
667647000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
485344000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139386413 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140271574 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
139338800 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
140366438 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.57
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.46
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
78914000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
147703000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
669090000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
486502000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-12000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-12000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-36000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-36000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
78926000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
147715000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
669126000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
486538000 USD
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139737725 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140603722 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
139645069 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140702803 shares
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.46
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
ReclassificationsCertain reclassifications have been made to amounts in prior years' notes to financial statements to conform to current year presentations as a result of changes in held for sale classification, disposition activity and segment classification.
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Lease Revenue Reserves </span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company assesses the collectability of its lease revenue and receivables on an on-going basis. Under ASC 842, Leases, the Company assesses the probability of receiving all remaining lease amounts due on a lease by lease basis, reserving for revenue and the related receivables for those leases where collection of substantially all of the remaining lease payments is not probable. Subsequently, the Company will only recognize revenue to the extent cash is received. If the Company determines that collection of the remaining lease payments becomes probable at a future date, the Company will recognize the cumulative revenue that would have been recorded under the original lease agreement.</span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In addition to the specific reserves recognized under ASC 842, the Company also evaluates its lease receivables for collectability at a portfolio level under ASC 450, Contingencies – Loss Contingencies. The Company recognizes a reserve under ASC 450 when the uncollectible revenue is probable and reasonably estimable.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span>The Company applies this reserve to the population of the Company’s revenue and receivables not specifically addressed as part of the specific ASC 842 reserve.
CY2021Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8586000 USD
CY2020Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
18755000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
42295000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
43034000 USD
CY2021Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
7862000 USD
CY2020Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
11221000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
25023000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
33738000 USD
CY2021Q3 us-gaap Notes Payable
NotesPayable
7844286000 USD
CY2020Q4 us-gaap Notes Payable
NotesPayable
7629814000 USD
CY2021Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
7844286000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
7629814000 USD
CY2021Q3 us-gaap Pledged Assets Not Separately Reported Real Estate
PledgedAssetsNotSeparatelyReportedRealEstate
1365559000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10752174000 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
142223000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2367000 USD
CY2021Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-273000 USD
CY2021Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-16000 USD
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
221779000 USD
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-13078000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7286000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10668904000 USD
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
447953000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-822000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2366000 USD
CY2021Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-255000 USD
CY2021Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-7000 USD
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
222451000 USD
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2496000 USD
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10403000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10908587000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
78914000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2010000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-7405000 USD
CY2021Q3 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-261000 USD
CY2021Q3 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
2000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2021Q3 us-gaap Dividends Common Stock
DividendsCommonStock
222475000 USD
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4606000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9442000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10788230000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10990198000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
167971000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-17603000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1949000 USD
CY2020Q1 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
471000 USD
CY2020Q1 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-35000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
224083000 USD
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-14107000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7781000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10912542000 USD
CY2020Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
170828000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-1461000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2301000 USD
CY2020Q2 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-146000 USD
CY2020Q2 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
1000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2020Q2 us-gaap Dividends Common Stock
DividendsCommonStock
224172000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1188000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9724000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10870805000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
147703000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1333000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2367000 USD
CY2020Q3 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
62000 USD
CY2020Q3 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
-17000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2020Q3 us-gaap Dividends Common Stock
DividendsCommonStock
222694000 USD
CY2020Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
105000 USD
CY2020Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
137458000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8036000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10670242000 USD
CY2021Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
280000000 shares
CY2021Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2126 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
2223 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
75542 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
12145 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
3077 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
316148000 USD
CY2021Q3 avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
7287000 USD
CY2020Q3 avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
5611000 USD
avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
34435000 USD
avb Equity Method Investment Net Income Loss Portion Attributable To Parent
EquityMethodInvestmentNetIncomeLossPortionAttributableToParent
8357000 USD
CY2021Q3 avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-420000 USD
CY2020Q3 avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-528000 USD
avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-1476000 USD
avb Equity Method Investments Amortization Of Excess Investment And Other
EquityMethodInvestmentsAmortizationOfExcessInvestmentAndOther
-1587000 USD
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6867000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5083000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
32959000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6770000 USD
avb Number Of Communities Acquired
NumberOfCommunitiesAcquired
4 community
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-417000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1900000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-567000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4289000 USD
CY2021Q3 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2020Q3 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2021Q3 avb Number Of Communities Held For Sale
NumberOfCommunitiesHeldForSale
1 community
CY2021Q3 avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
17 residential_condominium
avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
43 residential_condominium
avb Numberof Residential Condominium Units Sold
NumberofResidentialCondominiumUnitsSold
113 residential_condominium
CY2021Q3 avb Number Of Residential Condominiums Remaining To Be Sold
NumberOfResidentialCondominiumsRemainingToBeSold
59 residential_condominium
CY2021Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1187000 USD
CY2020Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1373000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
3453000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
4012000 USD
CY2021Q3 us-gaap Inventory Real Estate
InventoryRealEstate
171113000 USD
CY2020Q4 us-gaap Inventory Real Estate
InventoryRealEstate
267219000 USD
CY2021Q3 avb Number Of Office Leases
NumberOfOfficeLeases
13 Lease
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
126699000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
133581000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
154790000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
161313000 USD
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
3905000 USD
CY2020Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
3958000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
11628000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
12115000 USD
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
25616000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
21685000 USD
CY2021Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
20131000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
20166000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
78847000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
147717000 USD
us-gaap Profit Loss
ProfitLoss
669058000 USD
us-gaap Profit Loss
ProfitLoss
486592000 USD
CY2021Q3 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
25322000 USD
CY2020Q3 avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
23837000 USD
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
74110000 USD
avb Indirect Operating Expenses Net Of Corporate Income
IndirectOperatingExpensesNetOfCorporateIncome
70043000 USD
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-417000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-567000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1900000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4289000 USD
CY2021Q3 us-gaap Interest Expense
InterestExpense
55987000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
53249000 USD
us-gaap Interest Expense
InterestExpense
164704000 USD
us-gaap Interest Expense
InterestExpense
162562000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-17890000 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
105000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-17768000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-9333000 USD
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17313000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13985000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
53130000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
46878000 USD
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6867000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5083000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
32959000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6770000 USD
CY2021Q3 us-gaap Depreciation
Depreciation
193791000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
175348000 USD
us-gaap Depreciation
Depreciation
561560000 USD
us-gaap Depreciation
Depreciation
529508000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2179000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-27000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1434000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1069000 USD
CY2021Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1940000 USD
CY2020Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3117000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2021Q3 avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
58000 USD
CY2020Q3 avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
31607000 USD
avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
388354000 USD
avb Gain On Sale Of Real Estate Assets In Continuing Operations
GainOnSaleOfRealEstateAssetsInContinuingOperations
91338000 USD
CY2021Q3 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
1543000 USD
CY2020Q3 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
129000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
2002000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
328000 USD
CY2021Q3 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
158000 USD
CY2020Q3 avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-646000 USD
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
-1402000 USD
avb Gain Losson Saleof Other Investments Net Of Marketing And Administrative Costs
GainLossonSaleofOtherInvestmentsNetOfMarketingAndAdministrativeCosts
4162000 USD
CY2021Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
2373000 USD
CY2020Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
14686000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
17393000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
47798000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
382687000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
363712000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1107475000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1157740000 USD
CY2021Q3 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
3831000 USD
CY2020Q3 avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
24308000 USD
avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
28276000 USD
avb Revenue From Assets Heldfor Sale Not Classified As Discontinued Operations
RevenueFromAssetsHeldforSaleNotClassifiedAsDiscontinuedOperations
75864000 USD
CY2021Q3 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
1458000 USD
CY2020Q3 avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
9622000 USD
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
10883000 USD
avb Operating Expenses From Assets Held For Sale Not Classified As Discontinued Operations
OperatingExpensesFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
28066000 USD
CY2021Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
2373000 USD
CY2020Q3 avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
14686000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
17393000 USD
avb Disposal Group Not Discontinued Operation Net Operating Income From Assets Held For Sale Not Classified As Discontinued Operations
DisposalGroupNotDiscontinuedOperationNetOperatingIncomeFromAssetsHeldForSaleNotClassifiedAsDiscontinuedOperations
47798000 USD
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
382687000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1107475000 USD
CY2021Q3 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
24376310000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
363712000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1157740000 USD
CY2020Q3 avb Real Estate Gross At Carrying Value Excluding Gross Real Estate Assets Held For Sale
RealEstateGrossAtCarryingValueExcludingGrossRealEstateAssetsHeldForSale
23221488000 USD
CY2021Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
89529000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
19965000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17385000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
6899000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
8291000 USD
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
695000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1017000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2380000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2950000 USD
CY2021Q1 avb Derivative Notional Amounts Settled During Period
DerivativeNotionalAmountsSettledDuringPeriod
150000000 USD
CY2021Q1 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
-6962000 USD
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2894000 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2654000 USD
CY2021Q3 avb Derivative Notional Amounts Settled During Period
DerivativeNotionalAmountsSettledDuringPeriod
200000000 USD
CY2021Q3 us-gaap Payments For Proceeds From Hedge Financing Activities
PaymentsForProceedsFromHedgeFinancingActivities
2211000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-7405000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-2367000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-12138000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-6617000 USD

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